Willis Group Holdings Chairman and CEO Joe Plumeri, speaking to a meeting of insurance executives at Willis’ London headquarters, reiterated the broker’s long standing position that it would not accept contingent commissions. Plumeri explained that disclosure of broker and agent …
Willis Group Holdings has reported gains in most segments of its business in the fourth quarter and for the year ended December 31, 2009. Willis listed the following Q4 highlights: — Reported earnings per diluted share from continuing operations of …
Climate of Understanding “Insurers have dealt with the impact of extreme weather for centuries. Mopping up the aftermaths of a hurricane or cyclone is second nature to us. Above all, we understand people’s attitudes to risk and – on a …
Joe Plumeri, Chairman and CEO of Willis Group Holdings Limited, the global insurance broker, today called on corporate leaders to recognize and address the risks facing business at the start of a new decade. Plumeri delivered his remarks at Town …
A series of violent storms struck the west coast of England, beginning Nov. 19. Cumbria, the county just below the Scottish border, was the most severely affected area, where heavy rain caused extensive flooding in a number of towns. Six …
Willis Group Holdings Limited and the original family shareholders of French insurance broker Gras Savoye & Cie. announced that they have signed a definitive agreement with Astorg Partners, a private equity fund, to reorganize the capital of Gras Savoye in …
The three largest global insurance brokers – Aon, Marsh and Willis – have given their support to a key stage in further modernizing the Lloyd’s market by agreeing to pilot the Exchange for endorsements using the latest agreed version of …
Willis Group Holdings Limited has reported strong results for the third quarter of 2009 and the first nine months ended September 30, 2009. Highlights of the quarter ended September 30 included the following: — Reported earnings per diluted share from …
Willis Group Holdings Limited (NYSE: WSH) reported the company’s total second quarter revenues were up by 19 percent, an increase due primarily to the HRH acquisition. Total reported revenues for the quarter ended June 30, 2009 were $784 million compared …
Stick to your knitting. Sell on value, not on price. Return to the basics. Achieve growth through disciplined underwriting. The above are just a few of the mantras, some might say clichés, being repeated throughout the property/casualty insurance industry these …
